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$KMX, provider of vehicle financing through its superstores, said that 1Q17 used unit comps were slightly positive and total used units grew 4%. Comp units were driven by an improvement in conversion which offset a modest decrease in traffic. Traffic was lower due to lower Tier 3 sales. For the non-Tier 3 customer base, comp units rose by 3.6%.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?